Capital 9
ActiveSummary
The computed 12-month bankruptcy probability of Capital 9 is 2.0% (moderate). The annual accounts of Capital 9 for financial year 2025 show a net loss of 79% of the equity at the start of that year. The 2025 annual accounts show equity of €66,520 and a net result of -€256,106. Equity has been stable since 2018 (±13% per year). Its solvency ranks better than 12% of 10,826 sector peers (NACE 70, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 31-12-2004 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 3 others
- Establishment units
- 2.233.727.579 1300 Wavre, since 01-04-2012
- 2.374.205.355 4020 Liège, since 23-06-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 24-08-2026
Board and ownership
- BRONCHART DanielDirector · since 04-04-2025
- GOLENVAUX ThierryDirector · since 04-04-2025
- HAYEZ JacquesDirector · since 04-04-2025
- Jacques HAYEZ0.25%annual accounts 2016
- Thierry GOLENVAUX0.2%annual accounts 2016
- Daniel BRONCHART0.05%annual accounts 2016
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.0%
- Turnover
- €205,214
- Loss
- €256,106
- ▲ 109×
- Equity
- €66,520
- ▼ 79.4%
- Total assets
- €1.2m
- ▲ 225%
- Employees on 31-12-2025
- 5
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLoss of €256,106, the second in a row (financial year 2025)Equity €66,520 (5.7% of total assets)Last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 14% of them on solvency, 11% on liquidity, 4% on profitability and 7% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Company renamed from EMCECO to Capital 9Resignation: TDJ (manager) · Appointments: HAYEZ Jacques, GOLENVAUX Thierry and BRONCHART Daniel · “texte repris au rapport ci-annexé” (deed in French)
- · Gazette deed Merger proposal: to be absorbed by TDJTDJ holds all the shares
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Capital 9: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €606,000 and €1.9m, founded between 1994 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| Capital 9 Wavre | €1.2m | -€0.05m |
| freestone Antwerp | €0.8m | -€0.2m |
| Olivier Management Juprelle | €1.6m | - |
| DEO BEHEER Antwerp | €0.6m | -€0.04m |
| NIEBLA Eeklo | €1.9m | - |
| BMT Properties Edegem | €0.9m | -€0.2m |
| ADMIN LEUVEN Keerbergen | €0.8m | -€0.008m |
Key facts about Capital 9
- What is the company number of Capital 9?
- The company number of Capital 9 is 0870.930.732. The VAT number is the same number with BE in front: BE 0870.930.732.
- Where is Capital 9 based?
- The registered office is at Avenue Zénobe Gramme 23, 1300 Wavre.Company details
- What does Capital 9 do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Capital 9?
- Capital 9 is a private limited company (BV).
- When was Capital 9 founded?
- Capital 9 was founded on 31-12-2004.
- Is Capital 9 still active?
- Yes, Capital 9 is an active enterprise in the KBO register.
- How many employees does Capital 9 have?
- Capital 9 had an average of 3.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Capital 9?
- The turnover of Capital 9 was €205,214 in financial year 2025, according to the filed annual accounts.
- Is Capital 9 profitable?
- In financial year 2025, Capital 9 made a loss of €256,106.
- Where can I find the annual accounts of Capital 9?
- Capital 9 filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Capital 9 due?
- Capital 9 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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